Isolina Del Carmen

Isolina del Carmen, 21, is an enterprising young woman. She's single and has no children. She lives in her parents's house in a region of Chinandega. She studies accounting in the university and is about to finish her program.

She wants to have her own business, a stocked store. With youthful initiative for young entrepreneurs, it's her opportunity to be able to achieve her dreams, such as having a store.

She started selling on foot with her mother when she was 15. She acquired experience and went out on her own when she was 17. Today she has a lot of customers. To satisfy the demand she needs a loan, which will help her have her own business and not sell on foot, because this is how she supports her studies.

She's a young woman with a broad vision, sure of what she wants and with a great desire to grow. She's responsible, honest, and very hardworking. She needs a loan to invest and stock her business to earn her own income.

Additional Information

More information about this loan

This loan is part of CEPRODEL's program for young Nicaraguans, ages 18 to 29, who belong to solidarity groups. Within these groups, everyone either works together on the same business or runs a separate small business. These loans are targeted to low-income clients with special focus on single women living in and around the city of Chinandega. For borrowers starting new businesses, CEPRODEL waives its requirement that recipients have over one year of experience in the field. CEPRODEL partners with an Italian NGO to offer a business training program for recipients. By supporting this loan, you are helping young entrepreneurs who have limited access to credit.

About CEPRODEL

This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.